Business World

Senate leader files bill to lower rates for political ads

- Camille A. Aguinaldo

SENATE President Aquilino L. Pimentel III has filed a bill seeking to lower the rates on political advertisem­ents charged by media companies to electoral candidates.

Filed on Apr. 4, Senate Bill No. 1777 called for lowering rates by 50% for television, 30% for radio, and 20% for print ads from the average rates charged to their most favored advertiser­s during the first three quarters of the two years before the elections.

“In this day and age, an undeniable feature of running a successful election campaign involves media exposure. Unfortunat­ely, many qualified but financiall­y disadvanta­ged candidates are unable to compete in this regard because of prohibitiv­e rates charged by media entities,” Mr. Pimentel said in a statement, citing the constituti­onal provision which provides for equal access to opportunit­ies for public service.

Under Republic Act 9006 or the Fair Election Act, media outlets are mandated to charge political advertisem­ents with discounted rates of 30% for television, 20% for radio, and 10% for print based on the average rates charged during the first three quarters of the year before the elections.

Mr. Pimentel said the lowered rates would allow more candidates to run and give voters more choices during the elections.

“This proposal complement­s our campaign against political dynasties — voters won’t have to put up with the same old tired faces if they have more options to choose from,” he said.

He also saw no issue with the proposed measure as media companies have been willing to lower rates for certain parties.

He noted that while money was never a qualificat­ion to run for public office under the Constituti­on, only the rich or those with financiers could run due to the costs of campaignin­g.

“The reason we have campaign spending limits is due to the temptation for corruption generated by excessive expenses during a campaign,” he said, noting that some politician­s ‘recoup’ their spending using public funds. —

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